Billion-dollar fraud and Ponzi schemes | 60 Minutes Full Episodes

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60 Minutes

60 Minutes

Күн бұрын

From 2009, Steve Kroft's investigation of Marc Dreier's Ponzi scheme. Also from 2009, Kroft's interview with government agents fighting the $60 billion Medicare fraud industry. From 2012, Scott Pelley's report on stem cell fraud. And from 2010, Morley Safer's examination of how con artists deceive people.
#fraud #ponzischeme #crime
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0:00 Introduction
0:11 The Swindler
13:27 Medicare fraud
27:26 Stem Cell Fraud
43:44 Pigeon Fever

Пікірлер: 1 700
@kgraham5820
@kgraham5820 6 ай бұрын
The older I get, the more I watch situations I've come to the conclusion it's a very tough world for an honest person!
@mimih23
@mimih23 5 ай бұрын
I mean gee, it's so easy for liars to get money.
@bryanbelcher5785
@bryanbelcher5785 5 ай бұрын
Have u Every heard the saying try to be the only guy playing straight in a dirty game
@kgraham5820
@kgraham5820 4 ай бұрын
@@bryanbelcher5785 no, I haven’t heard that one...
@conniegreenamyer6636
@conniegreenamyer6636 4 ай бұрын
Medicare permits these fraud
@conniegreenamyer6636
@conniegreenamyer6636 4 ай бұрын
Medicare paid ? Medicare does not aware ?
@moreofawave
@moreofawave 6 ай бұрын
"Something went off the tracks"...yeah, it's called greed.
@Mark-vx5xm
@Mark-vx5xm 6 ай бұрын
"Lack of resources" to investigate fraud. What a mind boggling statement.
@scott331
@scott331 6 ай бұрын
They need to investigate every Clinic in Miami! The amount of corruption is ridiculous
@davidriley1482
@davidriley1482 2 ай бұрын
HOUSTON, TX.
@alesmith4266
@alesmith4266 Ай бұрын
ALL OF FLORIDA IS CORRUPT
@breadandbutter0080
@breadandbutter0080 6 ай бұрын
so make a million dollars, go to jail for 4 years and done? that sounds like a better retirement plan that most gets
@AdrianCHOY
@AdrianCHOY 6 ай бұрын
Better than rape. That gets you 20 years and you earn nothing. If you wanna do crime, do ponzi not rape. Lol
@dexterdextrow7248
@dexterdextrow7248 6 ай бұрын
keyword: beat the system.
@bbe3034
@bbe3034 6 ай бұрын
Wow, 400 million dollar Ponzi scheme?!!! Insane! The love of money is the root of evil!! GREED!
@os2958
@os2958 6 ай бұрын
sell weed go to jail for life
@os2958
@os2958 6 ай бұрын
the lawyer is still living a rich life confined in his own home
@dranoa9326
@dranoa9326 6 ай бұрын
Crazy. Not easy to get medicare to help mom get mobility scooter but others can get millions. Smh
@Underdog271
@Underdog271 6 ай бұрын
Move to Florida. Ron Desatan will help you get it for free
@MrThejboe3oh5
@MrThejboe3oh5 6 ай бұрын
I hear you 100%..but!! You'd be surprised of why it's gotten so hard and it isn't the government nor the billionaires.
@DebbieAppelhans
@DebbieAppelhans 6 ай бұрын
@@MrThejboe3oh5 will who are they ????
@marietellez6021
@marietellez6021 6 ай бұрын
Billionaires like Trump better pay their fair share, and their taxes !!
@kimobrien.
@kimobrien. 6 ай бұрын
@@marietellez6021 The rich avoid taxes by taking out loans based upon property. The value of the property value rises such that the loan gets rolled over since the value of the collateral rises. So instead of paying taxes on rising capital values spent as capital gains you are a debtor who has property. So by the magic of increasing debts and capital gains not being taken you avoid income taxes. Now you see how the swindle works and why many companies no longer pay out dividends.
@shirleyharrington-moore9657
@shirleyharrington-moore9657 6 ай бұрын
He is right: the more you show people you don't need money, the more you attract money.
@rebeccazegstroo6786
@rebeccazegstroo6786 6 ай бұрын
Like Prosperity Gospel taken to the extreme. Money down a attract money - to a point.
@mosestekper7659
@mosestekper7659 Ай бұрын
Like Trump and his MAGA cult😂
@nitac.9444
@nitac.9444 6 ай бұрын
Insurance companies need to be investigated
@yarazooom
@yarazooom 6 ай бұрын
every single rip off con artist is ENABLED by the FED Wall Street and banking rules. you can't blame a human for being greedy [thats called 'free will'] but you can blame the LAW ENFORCEMENT for their FAILURES. 2008-11 international collapse was HELD UP by the whole system of compromised greed
@Empress3587
@Empress3587 6 ай бұрын
Workers comp included cuz I am pretty sure there's biases there too
@m.belsygarcia3514
@m.belsygarcia3514 5 ай бұрын
I work for an insurance co. On Medicare advantage insurance companies don't approve a provider's claim without Medicare approval. If the insurance denies it it's because Medicare denies it or vice versa. We are trained as well to report fraud to CMS if we suspect it. CMS should be one to get investigated!
@redbaron9029
@redbaron9029 Ай бұрын
They should all be closed altogether.
@therealgeoffm
@therealgeoffm 6 ай бұрын
If that paper shredder could talk it would be worth a lot more than $25 🤣
@hammerdown3876
@hammerdown3876 6 ай бұрын
Worth all the bricks of gold in Fort Knox to a prosecutor...lol
@jonathanbatturs6359
@jonathanbatturs6359 6 ай бұрын
🤣
@salidiallo6041
@salidiallo6041 13 күн бұрын
@@jonathanbatturs6359gttvg
@loris6413
@loris6413 6 ай бұрын
This is so hard to watch. These are the monsters who have ruined our country. NO forgiveness!
@boremir3956
@boremir3956 6 ай бұрын
And yet these are the people that get to sit out their sentences in their mansion while the petty thief sits in jail for a few years.
@gloriahallelujah1118
@gloriahallelujah1118 6 ай бұрын
Yes brother , forgiveness is needed for the blind, “ Forgive them Father for they know not what they do “ They are insane with a split mind from our Creator. Be Well and know we are all connected and need each other .❤
@TheOpenSociety777
@TheOpenSociety777 6 ай бұрын
​@@boremir3956Bernie Madoff and this guy went to the same synagogue
@kathyjones274
@kathyjones274 6 ай бұрын
All the people who were hurt, that's where the compassion should go, not to forgiveness for these crooks Trump included.
@jeff-hh9mc
@jeff-hh9mc 6 ай бұрын
I agree democrats have pretty much destroyed America.
@thomasinavolkman4456
@thomasinavolkman4456 6 ай бұрын
"I did something foolish" spoken like a true psychopath! He is only sorry for himself and the fact he got caught.
@TobyTainerVlog
@TobyTainerVlog 6 ай бұрын
Your opinion.
@ebutuoyssa
@ebutuoyssa 6 ай бұрын
I fully agree with you. I commented before I read any other comments and found this general consensus to be very common.
@mrj2394
@mrj2394 6 ай бұрын
​@@TobyTainerVlogYou're his Daddy? How much have you stolen from ppl bud
@grantgoldberg1663
@grantgoldberg1663 6 ай бұрын
Well, I think he has regret. Most actual psychopaths never show regret for their actions as it relates to themselves or others. Most actual psychopaths usually try to justify their actions. Admitting you did wrong is actually indicative he's not a psychopath. It's sin, not a psychological condition. This is envy and pride.
@brendansullivan3408
@brendansullivan3408 6 ай бұрын
His tell is that he said he's humiliated by this stuff... not that his actions are heinous.
@relentlesshaggler909
@relentlesshaggler909 6 ай бұрын
I worked at a casino for 4 years. If I over paid anyone over a hundred dollars I would be fired.. yet this guy's are still in charge 😂
@beverlyledbetter4906
@beverlyledbetter4906 6 ай бұрын
Because those casinos are backed by the mob. Always have been!🙄
@genmanion2389
@genmanion2389 6 ай бұрын
my nerves would be shot if i ever did something even close to this. not to mention the guilt
@voteZDLR
@voteZDLR 6 ай бұрын
Yeah I think most people would be honestly. Having a conscience is a good thing. Fortunately most people are decent like that, but you truly can't trust everyone. Some people are wolves, others are sheep.
@CJScrol
@CJScrol 6 ай бұрын
This guy thinks if he admits his crimes, all will be forgiven.
@titoqwentezproductionz3406
@titoqwentezproductionz3406 6 ай бұрын
why pay taxes if our own government is this wreckless and stupid with OUR money
@Stormstorm1
@Stormstorm1 6 ай бұрын
This is about scams, nothing to do with the government.
@sujimtangerines
@sujimtangerines 6 ай бұрын
Yes, let's blame the victim. That's the mindset that allows someone to head the largest for-profit hospital system, one that defrauded Medicare, Medicaid & Tricare - which SETTLED at 1.7B in fines - to run for and win a gubernatxorial seat then a senatorial seat. Who, as senator, was leading the charge to sunset Social Security & Medicare. (The only silver lining is that said politician was tasked with heading senatorial elections and blew through the money he had access to with little to show for it. That committee might want to audit their books & if they were conned then that's on them for putting him in charge.)
@titoqwentezproductionz3406
@titoqwentezproductionz3406 6 ай бұрын
who are you talking about? elaborate more please @@sujimtangerines
@Bargerland
@Bargerland 3 ай бұрын
That's okay... I'll stick with Medicare. The elderly who switched from a government run program to Medicare Advange (private insurance) are putting their lives on the line. The small-time crooks ripping off Medicare have nothing on the theives running private insurance.
@supme7558
@supme7558 Ай бұрын
@@sujimtangerines russia is evil
@AJ-sr3hl
@AJ-sr3hl 6 ай бұрын
This is a man who thought everyone was stupid, but him. Unbelievable!
@jackie9190
@jackie9190 6 ай бұрын
It seems from his demeanor during that interview he still thinks that.
@rogerward9492
@rogerward9492 6 ай бұрын
It amazes me that someone can get 100 million dollars from a letter heading, and the lenders never got it checked out.
@jakkimanzitti5031
@jakkimanzitti5031 6 ай бұрын
No time to check on steadfastness and legalities. Busy with drinks & golfing & swinging parties. The usual suspects. Come on people, you know the people usually in news publications smiling and touting Christian values and very conservative views.
@mark33545
@mark33545 6 ай бұрын
He was a lawyer, so it bought him a lot of credibility.
@lenaely6146
@lenaely6146 6 ай бұрын
💯
@matrices3987
@matrices3987 6 ай бұрын
While your 200k mortgage takes 16 documents and three weeks of review proving income, assets, payment record, criminal history and favorite flavor of ice scream!
@marietellez6021
@marietellez6021 6 ай бұрын
@@matrices3987With an orange face and 91 criminal charges
@lindalb9519
@lindalb9519 6 ай бұрын
These guys don't give a damn about the crimes they commit and the people they hurt -- they ONLY care about getting caught. Never satisfied and enough is never enough.
@jefft5152
@jefft5152 6 ай бұрын
I am certain that one day America will look back at Donald Trump the same way.
@coryrogers846
@coryrogers846 6 ай бұрын
So my question is why this man is not in a orange jumpsuit in a small small cell But if you robbed a bank without a gun for $2000 dollars you get 20 years
@lydiapetra1211
@lydiapetra1211 6 ай бұрын
​@@coryrogers846yes indeed...why is he not in jail ?
@2genders-tk2ue
@2genders-tk2ue 6 ай бұрын
​@@jefft5152wow...after everything has came to light you still have tht mindset and trump is on your mind....how sad ..wow
@PurpleFlorence-du5ke
@PurpleFlorence-du5ke 5 ай бұрын
He said, "The more you show people you didn't need money the easier it was to attract money." This explains why there are so many people who would have got scammed, falling into this trap, people don't like working hard and prefer to get an easy route to get money. If someone told me how easily they got money or high investment returns, I would stay away from that.
@freesparks1931
@freesparks1931 6 ай бұрын
It always seem to boil down to one question, "How much is enough"? Power always seems to be the underlying cause.
@asiantrick24
@asiantrick24 6 ай бұрын
it calls greed
@DDEENY
@DDEENY 6 ай бұрын
One Jewish man has said, _"For what shall it profit a man, if he shall gain the whole world, and lose his own soul? Or what shall a man give in exchange for his soul?"_ (Mark 8:36-37)
@lucmatter9601
@lucmatter9601 6 ай бұрын
If so much money is involved in fraud, it should be a piece of cake to assign a budget to fraud prevention and actually save lots of money.
@hammerdown3876
@hammerdown3876 6 ай бұрын
our government can't even manage themselves... let alone use logic like you just did to combat fraud...lol
@AMunoz-rh9cz
@AMunoz-rh9cz 6 ай бұрын
Exactly.
@John_GGG
@John_GGG 6 ай бұрын
I had a neighbor years ago whose husband was charged for a hysterectomy. When she complained to Medicare, they said it was too late, they paid the claim. (Hint: Men don’t get hysterectomies) My mother gets more Covid tests that she doesn’t want or need, that she never asked for.
@devioux4082
@devioux4082 6 ай бұрын
Regular John Doe: steals $5,000.00 goes to hard core prison for 15 years. Wealthy John Doe: steals $400,000,000.00 goes to penthouse arrest for a little while.
@legacyShredder1
@legacyShredder1 6 ай бұрын
He got sentenced to 20 years in federal prison.
@TheTwinkiefoot
@TheTwinkiefoot 6 ай бұрын
​@@legacyShredder1Club-Fed*
@kevinojiambo8148
@kevinojiambo8148 3 ай бұрын
How's he gonna cope with other regular Joe's in prison....the judges are simply humane
@kenarthur6253
@kenarthur6253 5 ай бұрын
Life's biggest rules: work hard, be honest, and be happy with who you are
@Steve-gc5nt
@Steve-gc5nt 4 ай бұрын
And keep an ego in check.
@draco2xx
@draco2xx 4 ай бұрын
not even the government are honest, what makes you think they'll cut you a break
@RPYMCMB
@RPYMCMB 2 ай бұрын
@@Steve-gc5ntvery important.💯
@968porsche9
@968porsche9 6 ай бұрын
70k per month?? What a racket! Electronic monitoring is normal for some violent criminals. Someone's brother/sister in law got their hands into that deal!
@jayjohn9680
@jayjohn9680 6 ай бұрын
The friggin greed. You only need 1 million for a big house and car…. But noo these fools just couldn’t leave it alone.
@freesparks1931
@freesparks1931 6 ай бұрын
And here it is, im hardworking and have paid all my bills on time for the past 25 years and if I asked for that type of loan, Id also be asked for proof as though i need a checkup from the proctologist.
@FigaroHey
@FigaroHey 6 ай бұрын
Interesting that for Marc Dreier, the opposite of "something good I've done" is not "something bad I've done," but "something humiliating I've done." In other words, "It's about me being embarrassed because I got caught," not accepting his objectively bad acts as bad.
@abdu1wahid105
@abdu1wahid105 5 ай бұрын
Drier & Madoff: Smooth criminals
@johnpeterson4204
@johnpeterson4204 6 ай бұрын
Selling your paintings to pay for house arrest... tough life.
@justinwallace390
@justinwallace390 6 ай бұрын
Rich people problems
@magnacz
@magnacz 6 ай бұрын
It's his mother that paid for the house arrest. The paintings were probably confiscated to keep him from selling and bribing.
@ethanniedorowski116
@ethanniedorowski116 6 ай бұрын
@magnacz everything was taking but his home. He can't afford it now but hopefully hw was smart an paidex his taxes ahead
@ARNFjB
@ARNFjB 6 ай бұрын
I know. trapped in his penthouse with GPS and two 70k mnth officers sounds crazy bad time lol
@mikusoxlongius
@mikusoxlongius 6 ай бұрын
Hunter will just paint more.
@user-gg7di3ti2y
@user-gg7di3ti2y 6 ай бұрын
😂 the whole economic system is a ponzi scheme
@lenaely6146
@lenaely6146 6 ай бұрын
💯❤❤❤❤❤❤❤🙂
@lastharvestPDR
@lastharvestPDR 6 ай бұрын
That's soon going to crumble....seriously!
@raevj
@raevj 6 ай бұрын
Yep, back to the Pre-industrial age soon
@debbielwilliamson8546
@debbielwilliamson8546 6 ай бұрын
Yes, the United States government holds the prize for the longest running, most amount stolen ponzi scheme ever.
@nancyevans2689
@nancyevans2689 6 ай бұрын
Agreed. The industrial revolution was created by the Rothschild's bankers to support the politicians behind the bankers.
@rememberyourpower
@rememberyourpower 6 ай бұрын
The guy speaks of his crime without shame, guilt or any remorse... He would do it again without thinking about it if he could... I am nearly impressed about his character!
@adjustedfate
@adjustedfate 4 ай бұрын
Classic psychopath. He is.
@ranakeen9884
@ranakeen9884 4 ай бұрын
@@adjustedfatesociopath, psychopaths do not know the difference between right and wrong…. Are too crazy.
@Canada-1958
@Canada-1958 4 ай бұрын
ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365
@Canada-1958
@Canada-1958 4 ай бұрын
ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365
@theresachung703
@theresachung703 5 ай бұрын
This guy is doing a service for all of us to show how even in our own way, we dig ourselves into a hole
@LB-gj1yd
@LB-gj1yd 6 ай бұрын
He was full of greed and made a deal with the devil. What a shame he is truly a horrible human that makes bad choices.
@joshuablack1669
@joshuablack1669 6 ай бұрын
That Medicare lady was not gonna carry the blame. She had those rebuttals ready 😂
@mimiebeyer4695
@mimiebeyer4695 6 ай бұрын
What the hell are you taking about
@justinwallace390
@justinwallace390 6 ай бұрын
Well, they did just say that they only had 3 Medicare fraud investigators assigned to the entire state of Florida (I'm assuming at the airing of this back in 2009, unless I missed something). So, I don't blame her for throwing the government or Medicare under the bus for a lack of resources to combat fraud. If there is money to be stolen, thieves will take advantage of any kind of lack of oversights.
@need4sneed1234
@need4sneed1234 6 ай бұрын
"I wanted to be as important as I thought I deserved to be" and these are the people saying the youth of today are the most entitled Typical criminals scapegoating the victims of their schemes
@CamMacMastermusic
@CamMacMastermusic 6 ай бұрын
1. Destroying people’s dreams, taking their last bits of savings. Eternal shame. 2. Medicare 😂what a joke 3. That Dr.Eklund fella should never have another day he enjoys himself.
@baddoggie101
@baddoggie101 6 ай бұрын
I am sickened by how easily people are drawn to the flames by the famous faces associated with these traps for the foolish. Those famous faces are paid to provide a cameo appearance and the average person is suckered into a scheme. The more famous faces that are paraded the less likely the business is legitimate.
@davidfanai6174
@davidfanai6174 6 ай бұрын
yeah so true.....it reminds me of the FTX Crypto circus 😂😂😂
@marietellez6021
@marietellez6021 6 ай бұрын
Money the root of all evil
@TheOpenSociety777
@TheOpenSociety777 6 ай бұрын
​@@davidfanai6174Sam Bankman Fried, Bernie Madoff and Mark Drier are all members of the same synagogue.
@rafalIL29
@rafalIL29 6 ай бұрын
True but remember mostly good people are this trusting , not greedy like a lot of people believe. Still golden rule is if it’s too good to be true, it usually is.
@appkeytechology
@appkeytechology 6 ай бұрын
Not a legitimate way to view the world. That's a very blind, bias, way to look at it. A better way is to DO YOUR OWN RESEARCH, and then just follow the money. This is the only pure way to evaluate anything that deals with financial health. Just looking at how famous the endorsers are is ludicrous at best.
@speakeasy9429
@speakeasy9429 6 ай бұрын
And stealing identity, stealing patient records...I've had that happen twice now...😟
@moodiblues2
@moodiblues2 6 ай бұрын
I’m a retired Prosecutor and Judge. I earned less per year than this crook paid his underlings. But, I can sleep at night and look myself in the mirror and not see a creep looking back at me. I wonder if this guy thinks all the money he stole and used was worth his prison time.
@shable1436
@shable1436 6 ай бұрын
How can we be so light on white collar crimes? It's seems they take a prison vacay and get out rich through hidden money and live easy living until they die. Ppl will exchange living rich for a couple years in the big brother house. I wish ppl would learn that whatever collar crimes actually ruin ppls lives, and as society as a whole hurts all of us
@iap-ug3oy
@iap-ug3oy 6 ай бұрын
My mum told me when a was a young girl ,that money is the root of all evil….I used to smile…….I miss her.
@goo1358
@goo1358 6 ай бұрын
Pride and greed is the root of all evil. Money is neutral. It's a tool just like a hammer
@annetteelliott1494
@annetteelliott1494 5 ай бұрын
Not having money is also the root of all evil I think......
@Viper881
@Viper881 6 ай бұрын
Politicians are clearly involved in allowing this to continue
@dianahill5116
@dianahill5116 6 ай бұрын
Religion is a means and ways of money laundering.
@michelebushnik2874
@michelebushnik2874 6 ай бұрын
Yes, absolutely!! They know these unknown facts we all know now after this Medicare fraud exposure. And how to scam it. Disgusting greed!
@Underdog271
@Underdog271 6 ай бұрын
Ron Desatan, Donald Trump, George W Bush, Ronald Reagan
@mmacwebb7306
@mmacwebb7306 6 ай бұрын
Biden, Clinton , Obama….
@raevj
@raevj 6 ай бұрын
Never enough consequences…Washington is FULL OF CRIMINALS
@kenbob1071
@kenbob1071 6 ай бұрын
Poor guy got house arrest in a $10M penthouse.
@ggurks
@ggurks Ай бұрын
he got 20 years in a federal prison
@missybecka4701
@missybecka4701 6 ай бұрын
I was missed diagnosed 9 years ago. Went to the emergency room 3 times and was told I was having an anxiety attack, another doctor told my husband there was absolutely nothing wrong with me, and I needed to start seeing a therapist. Even had one doctor saying i was going through empty nest syndrome because 2 of my children moved out at the same time. A week later, I was being life flight out of the same emergency room from a blood clot in my left lung, left kidney, and aorta. Along with septic shock from an ulcer that perforated stomach. My family was told I probably won't make the 6 minute flight to another that can treat me.
@HOSPEHLOSHEPH
@HOSPEHLOSHEPH 6 ай бұрын
Wow !!!! Sue them!
@fortunatelytea
@fortunatelytea 6 ай бұрын
Thank god your still with us 🙏❤️
@fortunatelytea
@fortunatelytea 6 ай бұрын
You can’t sue after you sign for treatment smh 🤦🏽‍♀️
@bonniejosavland3227
@bonniejosavland3227 6 ай бұрын
Over 30 years ago it cost $50k to Medivac a medical patient from SE Alaska to a Seattle Hospital 🏥
@winros
@winros 6 ай бұрын
WOW!! How are you feeling today 2023 of October?
@kickstandsup_moto
@kickstandsup_moto 6 ай бұрын
It’s sad and disappointing that so many people prey on others. It’s crazy that someone would take advantage of people as their job or way of earning.
@EEE-jb4zw
@EEE-jb4zw 6 ай бұрын
I have been robbed on my death bed by the only 4 people who were supposed to take care of me. If ever again, someone take as little as a toothpick from me wi.thout p.ermission, I don't know what will happen next. People are CRI.MINALS, not just sad and di.sappointing.
@ksoss1
@ksoss1 6 ай бұрын
​@@EEE-jb4zwsorry to hear this. It is sad.
@nettenee9926
@nettenee9926 6 ай бұрын
​@EEE-jb4zw I know these words could never help but, I pray circumstances improve for you and those involved are held accountable.
@karenorungbe9920
@karenorungbe9920 6 ай бұрын
Pop l
@karenorungbe9920
@karenorungbe9920 6 ай бұрын
Llllo lol o
@armanitransport2604
@armanitransport2604 6 ай бұрын
Okay if mommy can pay $75,000 a month. Can someone tell me why is this dude so damn greedy?
@mrwilliamwonder
@mrwilliamwonder 6 ай бұрын
Because he gave her that money before he got busted.
@vicccey1345
@vicccey1345 6 ай бұрын
the more money involved the less willingness to ask questions...how telling that is! business staying open without a single customer....
@grantgoldberg1663
@grantgoldberg1663 6 ай бұрын
He had it all. What do you need a yacht for??? If you have a toilet, a toothbrush and running water you automatically are better off than 2 billion other people. This is ego and envy the cure for which is gratitude.
@arfriedman4577
@arfriedman4577 Ай бұрын
I wouldn't want a yacht or boat. It's too much money to keep up with. I also don't like to be on the water too far off from the shore.
@henrysantos121
@henrysantos121 Ай бұрын
60-minute absolutely one of the best shows ever 😮
@ljordan15
@ljordan15 6 ай бұрын
People complain about why they are not being caught, but remember you voted for smaller government so like meat inspectors they don’t have enough enforcement people to catch them!!
@kathyjones274
@kathyjones274 6 ай бұрын
Vote blue 💙
@theLampSA
@theLampSA 6 ай бұрын
All the federal government had to do is start a department of street auditors whose job it is to visit clinics in person. It would cost a mere FRACTION of what it is losing now to fraud.
@ihatesignupsgrrrrrrr
@ihatesignupsgrrrrrrr 6 ай бұрын
EXACTLY!!!
@ihatesignupsgrrrrrrr
@ihatesignupsgrrrrrrr 6 ай бұрын
They could even hire local law enforcement to do checks in their spare time, to enforce the law, then when questionable activity is found, send a federal auditor.... EASY!
@markbrown8097
@markbrown8097 6 ай бұрын
No one talks about the biggest ponzi scheme of all...Social Security.
@Sheshe661972
@Sheshe661972 4 ай бұрын
Oh, it's being TALKED ABOUT. Thing is, nothing is being done to FIX it.
@StijnNLDutch
@StijnNLDutch Ай бұрын
Lol you know why 😂
@mattiewilliams1138
@mattiewilliams1138 5 ай бұрын
“The love of money”, add arrogance, entitlement and “never being told no as a child by his mom who is paying the money for his house arrest” and you get this guy and others like him.
@Infinitebrandon
@Infinitebrandon 6 ай бұрын
Omg, he was doing "charities " with all the celebrities i knew were FOS lmfao
@JoshMaxPower
@JoshMaxPower 6 ай бұрын
I had hired one of his lawyers a couple of weeks before the scandal was exposed. I went into that building and up to a high floor to meet with my guy, who didn't charge me because I'm a musician and he said "Seeing that an artist doesn't get ripped off is my reward." Next thing I know the building is shut, my guy doesn't work there anymore and this guy is on the front page of every newspaper for fraud, boom. Just so everybody knows not all high-priced lawyers are about the money and nothing else. Some people, though!😮😮😮😮😮😮
@cromeromail
@cromeromail 6 ай бұрын
Michael Avenatti
@mimih23
@mimih23 5 ай бұрын
What happened to your lawyer? I'm sure they went through a lot too.
@beckybnyc322
@beckybnyc322 4 ай бұрын
Lawyer taking Intrinsic reward alone 😬 yeah that’s a big red flag
@ihatesignupsgrrrrrrr
@ihatesignupsgrrrrrrr 6 ай бұрын
Marc Dreier serving his time in his multi-million dollar mansion... It's called TWO-TIERED JUSTICE!
@legacyShredder1
@legacyShredder1 6 ай бұрын
Use Google before screaming two-tiered anything. God damn. He went to a real prison.
@normbograham
@normbograham 6 ай бұрын
I once was working for a company for several years, before I found out they did something illegal. they got themselves out of it, but it's quite shocking, to realize that you were a unknowingly a party to something illegal, as an employee.
@IngridLiseLarssen-hm4pr
@IngridLiseLarssen-hm4pr 6 ай бұрын
Yes! I discovered I was a main financial backer for illegal drugs being grown in the WW2 NUCLEAR TUNNELS vis my EDF Electrics. EDF gave me multiple accounts for just one meter in one semi. 7+ years later after trying to reconnect my electricity 🔌 to get back onto the GRID, EDF insisted I was showing up as a HMO on a Multi Complex Metering System! When in fact, I did not have any meters in my house as I shut down over 7+ years before EDF - Southern Water & British Gas. I later discovered multi accounts also for each of my three utilities. I removed British Gas first after my boiler died. A year later a team of 3 men from British Gas returned:- 1 DUG up 2 deep holes in front garden - 2nd jumped into hole to do something (mechanical or technical = cyber) 3rd asked to come in with his British Gas Cyber Tablet (Verbatim Quote) "Right now your registering as using a hell of a lot of gas"! I replied:- "Oh No!". "It's a fair cop"! "You've caught me hacking into the GRID"! "Sorry, I'm only living up to my name = InGRID 😭😔
@junglekutz5625
@junglekutz5625 6 ай бұрын
Most employees are clueless to what they're doing... then there are those that are well aware.
@hotrox2150
@hotrox2150 6 ай бұрын
Your only as good as the Company you keep, Professionally, Personality, Socially....
@normbograham
@normbograham 6 ай бұрын
@@hotrox2150 Their clients were banks. But, it's happened before, that a small company forged thousands of signatures, because they lost them. The company is now out of business.
@speakeasy9429
@speakeasy9429 6 ай бұрын
I've been saying this for decades!! Why now do they jump on it?🤔
@dianahill5116
@dianahill5116 6 ай бұрын
Religion is a means and ways of money laundering.
@dhowto3005
@dhowto3005 6 ай бұрын
Thank you 60 minutes for reporting on this. All criminals should be arrested by the police, Prosecuted, Convicted, and given a Life sentence in prison.
@bavykieng7777
@bavykieng7777 4 ай бұрын
What if the criminals are the popo?
@chicagoresident973
@chicagoresident973 6 ай бұрын
With the sophistication of American tech, there is no excuse for this easy fraud, unless those on the inside are either involved or directly frauding too
@mystiquesquared
@mystiquesquared 6 ай бұрын
Of course they are. Don't try to get in on their action either.
@kimberlys.t.7206
@kimberlys.t.7206 6 ай бұрын
You know it.
@chicagoresident973
@chicagoresident973 6 ай бұрын
@@kimberlys.t.7206 👏🏼✌🏼
@LeaverWild
@LeaverWild 6 ай бұрын
This is such BS. This guy isn’t remorseful. He got caught exercising the entitlement his peers enjoy everyday. Wasn’t thinking clearly… 🤣 Please!!!
@raevj
@raevj 6 ай бұрын
Full of criminals & psychopaths in banking, law, & politics.
@JamesRichardWiley
@JamesRichardWiley 6 ай бұрын
The willingness of people to hand over theirs and other peoples money to an imaginary person to make them rich. People are stupid.
@catrashoo
@catrashoo 6 ай бұрын
Just imagine of trump supporters still giving money to traitor Trump for his campaign 😂
@lenaely6146
@lenaely6146 6 ай бұрын
.
@MrThejboe3oh5
@MrThejboe3oh5 6 ай бұрын
Truly Intelligent people are rarely financially wealthy... They are smart enough to understand that the middle class is the road to the best life. It takes a certain level of ignorance to reach that amount of money. They do say ignorance is bliss 🤷
@lydiapetra1211
@lydiapetra1211 6 ай бұрын
​@@catrashooseriously...look at Biden opened up the border ...can you imagine a country with open borders??...it's insane
@lovetodocoolstuff9309
@lovetodocoolstuff9309 6 ай бұрын
“I get the feeling you don’t have many emotions” “Watch this, I can sniffle.”
@deidrajames4258
@deidrajames4258 6 ай бұрын
Listening to this and looking that I was denied a 10,000 loan to fix our ac/heating system I’m just sick that people get away with.
@manuelgonzalez3644
@manuelgonzalez3644 2 ай бұрын
Who needs 10k for AC system?. You need to shop around for prices.
@968porsche9
@968porsche9 6 ай бұрын
$100 per hour for private jailers. The people standing guard probably got $20 hr. But, easy money!
@janesmith9024
@janesmith9024 6 ай бұрын
The first one - lawyer man - is very interesting as he had it all but admits he got greedy.. If it weren't so awful, his ability to keep all those things going and appear in court and be a good lawyer is amazing - what a waste of a life. He is out in 2026
@junglekutz5625
@junglekutz5625 6 ай бұрын
Well at least he kept it real. Something that most would still be claiming, not guilty, had no clue and or make up some entire story that sounds crazier than what they've done.
@Kingofthehill84
@Kingofthehill84 6 ай бұрын
Greedy 1% scams another greedy 1%.
@shable1436
@shable1436 6 ай бұрын
White collar crimes where they make millions, hide it, pull a couple years at the pen hotel w free food, then get out and live rest of life rich. I would do it in a heartbeat, but I'm 50 and too honest
@londoncalling1803
@londoncalling1803 6 ай бұрын
Can you imagine the anxiety? I’m too lazy. I love to sleep at night lol
@MethodiousMind
@MethodiousMind 6 ай бұрын
Sounds like this guy worked harder to steal a nickel than he would have to earn a dime. Congrats to him.
@leebatt7964
@leebatt7964 6 ай бұрын
“Clearly if I could have gotten out of it, I would.” Clearly you could have told the truth and stopped your scam. Clearly.
@funwithFred
@funwithFred 6 ай бұрын
The sentence he was given is also a huge crime. He deserved a much lengthier sentence. He has no conscience......
@ziddi2603
@ziddi2603 6 ай бұрын
When being Rich, simply isn't good enough! smh
@dianahill5116
@dianahill5116 6 ай бұрын
Religion is a means and ways of money laundering.
@susanwade4796
@susanwade4796 6 ай бұрын
😯 WOW! These 60-Minutes-Segments about Fraud did answer alot of questions for me. Thanks! & 🤗 Hugs to ya!
@shanecrump7932
@shanecrump7932 6 ай бұрын
It is frustrating that people tend to give more money people who already have it but there’s good reasons for that.
@rdp4654
@rdp4654 6 ай бұрын
This is the same problem many politicians have once they get to Washington, DC, they become consumed by greed and easy money by either accepting bribes also known as selling access to “donors” and then use that money to illegally do insider stock trading and in doing so they lose all their integrity and morals. It is a real problem and these politicians need to be arrested by the Federal Bureau of Investigation and prosecuted by the DOJ and if those trusted to be put in charge of those law enforcement institutions are also compromised too and doing the same thing they too need to be prosecuted also.
@jewel58s
@jewel58s 6 ай бұрын
After watching this interview. How many other super wealthy are really guilty of a similar fraud as this guy. 🤔
@greywar777
@greywar777 6 ай бұрын
This has been a fascinating interview. Thank you 60 minutes!
@millertime6
@millertime6 6 ай бұрын
The guy Dreier stole when he didn’t need to. People like this will never be happy. Starts within
@briandrew2689
@briandrew2689 6 ай бұрын
I love how he says he's sorry he ain't sorry he's only sorry that he got caught just like everybody else that gets caught that was screwing over people and doing something shity and i bet he's a Democrat too! 😤
@RidingwithStymie
@RidingwithStymie 6 ай бұрын
I once heard a report that the annual budget of the Securities Exchange Commision was only a fraction of the budget of the Dept of Agriculture. I knew right then why white collar crime is so prevalent.
@grumpystiltskin
@grumpystiltskin 6 ай бұрын
The FBI white collar crime division was mostly raided so everyone could move to Anti-Terrorism after 9/11. So there is no cop on the beat at FBI.
@357CLOUDY
@357CLOUDY 6 ай бұрын
The Agricultural depth seems to be a front. Strange legislations lately.
@jimhodgson3407
@jimhodgson3407 6 ай бұрын
Lĺlllĺĺ
@server1ok
@server1ok 6 ай бұрын
Those are subsidies to Am. farmers, to manipulate prices at Walmart ( lower for your person ) and to crush overseas competition in food production, most negative effects for African farmers
@prostytroll
@prostytroll 6 ай бұрын
Yeah right, more money would help, but not in the way you would imagine...
@BluetheRaccoon
@BluetheRaccoon 6 ай бұрын
Success never feels on the inside how one imagines it feels from the outside. When you let your ego become obsessed with that imagined feeling in your mind, you begin sacrificing your humanity.
@NorseMan633
@NorseMan633 6 ай бұрын
That's the trade the Devil gives them. Their humanity and soul for immense wealth and all the luxury that that wealth provides. I'd wager that easily better than half of the individuals in Wall Street firms that make the millions that they make, would choose keeping that money over saving their own mother from a certain death, if given the choice.
@jozette-pierce
@jozette-pierce 6 ай бұрын
The good old days of 60 minutes, back when real journalism really existed on ABC, CBS, or NBC.
@Jboooy18
@Jboooy18 6 ай бұрын
Lmao, now tell me when this came out
@SapiophileGoddess
@SapiophileGoddess 4 ай бұрын
@@Jboooy18 According to the bottom right of the screen, October 2009.
@irishlady30
@irishlady30 6 ай бұрын
There's no oversight because everyone has their paws in the till...
@UBETUBEME
@UBETUBEME 6 ай бұрын
The con game Who’s next in on the con game? Greed just pure greed.
@DebbieAppelhans
@DebbieAppelhans 6 ай бұрын
Trump been at Trump greedy money 💰 🤑 💸 think they know each other
@hotrox2150
@hotrox2150 6 ай бұрын
Or maybe just another one of "The 7 Deadly Sins"
@rev.jonathanglass-riley7669
@rev.jonathanglass-riley7669 6 ай бұрын
I got as far as "the $70,000 monthly fee being paid by his mother" before I threw-up in my mouth. For we mere mortals, its difficult - if not impossible - to imagine what such a life must be... to find any kind of compassion for people such as this. "$70,000 a month." Good Lord!
@therealrobertbirchall
@therealrobertbirchall 6 ай бұрын
He could be remanded I jail. He's lucky he has the option, or his mother did.
@Donaldtrumpsfavoritefigh-jy3hs
@Donaldtrumpsfavoritefigh-jy3hs 6 ай бұрын
Dude I’ve done house arrest before and it only cost me $25 for the unit and charging station, plus a monthly fee of like $50… granted I was only being ran up on low level baby felonies but still. This is crazy what company is allowed to operate like that?! I want to start a gps ankle monitoring bussiness and sit back and take all the white collar millionaires the court throws my way :)
@DanielleFoster.
@DanielleFoster. 6 ай бұрын
The first story is the same thing Matt Cox did. He borrowed from banks not people, but he created the documents and businesses to back up his loans.
@bugsea54
@bugsea54 6 ай бұрын
Unbelievable, the ego he must of needed to feed!
@spammy1982
@spammy1982 6 ай бұрын
That medicare story plus the scooter store scandal ended up inadvertently hurting patients who really need durable medical goods. It is now extremely difficult to get anything approved even when you are a patient with legit documented needs. Medicare went from one extreme to the other. Now it takes several months to just get approved for a replacement manual wheelchair. In response, the prices skyrocketed for all these goods. Power chairs now go for 50k +.
@DebbieAppelhans
@DebbieAppelhans 6 ай бұрын
It's greedy money 💰 🤑 💸
@bbe3034
@bbe3034 6 ай бұрын
It’s so infuriating!! Our taxes have paid for Medicare for years before we get old! 😡😡😡 Think of all the men and women who died for this country, only for these scumbags not to care about the sick and elderly Put them in jail!!
@paul-ld9vh
@paul-ld9vh 6 ай бұрын
I work in the DME business. You are correct. The industry is fraught with redundancy and steeped in paperwork. It is ultimately unsustainable.
@JohnWarner-lu8rq
@JohnWarner-lu8rq 6 ай бұрын
OweBama care has a lot to do with that. Thank him.
@henrythegreatamerican8136
@henrythegreatamerican8136 6 ай бұрын
And the majority of these scams are brought to us by republicans screaming to gut regulations and defund all government agencies that regulate anything that might interfere with these types of money making schemes. People keep voting for politicians who tell us government is broken and when they get into office they break the government any chance they get.
@juaneduardoherrera8027
@juaneduardoherrera8027 6 ай бұрын
The stem cell Dr is a fraud. I am from Ecuador and my mother was treated by this fraudsters over there. We paid thousands of dollars at the time. It was a con.She never got any better .
@JS-ps6cb
@JS-ps6cb 6 ай бұрын
I'm sorry that happened to you and your mother
@CC-hv5hk
@CC-hv5hk 6 ай бұрын
20 years a slap on the hand .
@lynnebucher6537
@lynnebucher6537 6 ай бұрын
Had a boyfriend who could cry on demand to get what he wanted. Turned it off as soon as he succeeded.
@summer7603
@summer7603 6 ай бұрын
60minutes went soft on him, he's a sociopathic monster that hasn't learned a damn thing. He deserves everything he gets.
@karlolsson6505
@karlolsson6505 6 ай бұрын
Greed on both sides is the only way this scheme can flourish
@guybachar9112
@guybachar9112 6 ай бұрын
I know he did wrong ,but takes a real man to tell the truth ❤
@TheDerangedBlood
@TheDerangedBlood 6 ай бұрын
I'm having a difficult time getting the funding I applied for for college. I should have asked for billions, sounds like I would have had a better chance.
@ghostman6074
@ghostman6074 6 ай бұрын
Locked in his penthouse……put him in jail with bubba and Leroy.
@abelincoln3261
@abelincoln3261 6 ай бұрын
Twenty years for destroying all those lives...he should get life without parole.
@dianahill5116
@dianahill5116 6 ай бұрын
Religion is a means and ways of money laundering.
@StupidPrizesPosterChild
@StupidPrizesPosterChild 3 ай бұрын
Medicare denied me a $500 a month medication. Then was charged over $100k a month for months in hospital bills because of the medication denial. Due to the damage from the Neuro episodes I was left needing over $300k in procedure and surgeries. Medicare Math is crazy.
@rodolfocabrera7552
@rodolfocabrera7552 6 ай бұрын
The most important thing is to be able get a good deal on the property before you sell the property to someone who will pay for your house or your mortgage and you
@tracycottrell5146
@tracycottrell5146 6 ай бұрын
Is it just Medicaid or is it other medical insurance companies also?
@ranakeen9884
@ranakeen9884 6 ай бұрын
Medicaid and Medicare only. The government pays out by law within a limited period of time but other private health insurance providers like Humana or blue cross blue shield would jump on the fraudulent claims like white on rice.
@TheAccidentalViking
@TheAccidentalViking 6 ай бұрын
I had a front row seat to this type of behaviour. My ex husband, a chartered accountant and his lawyer. I left the practice and him and 2 years later, they were both in front of a judge and are now both disbarred. It happens all the time, just not always on this scale. Besides both of their cases, I knew of three other cases in town.
@adamarket
@adamarket 6 ай бұрын
Thank God my family had zero expectations for me. Expectations met and exceeded! (I do have one friend from a very different background who is an underachiever but has done amazing things). It's all perspective.
@AC-rp1hc
@AC-rp1hc 6 ай бұрын
Dreier---this guy is a psychopath---a person that pretends to care, maintains a normal life and is cold hearted. A part of him is proud to be on 60 minutes.
@Blueoceans101
@Blueoceans101 6 ай бұрын
The moment emotion was mentioned, the crocodile tears welled up like a professional sociopath. Only when it was mentioned was when he put water in his eyes. People CAN fake real tears. I know because I've done it. It took me a lot of work to be genuine to truly feel real emotions.
@AMunoz-rh9cz
@AMunoz-rh9cz 6 ай бұрын
Great achievement and a hat off to you for making it a goal to begin with! It can be done by others too. Notice that this guy doesn’t use even the word “regret” but rather “humiliated.”
@stephenwise3635
@stephenwise3635 6 ай бұрын
Respect :) x
@davewestly307
@davewestly307 6 ай бұрын
Guess you’re a professional sociopath then .
@Blueoceans101
@Blueoceans101 6 ай бұрын
@AMunoz-rh9cz thank you so much, I'm grateful for your kind comment! I agree with you entirely! It was extremely telling when he said humiliated like we can't see through the emptiness of a man trying to save as much face as possible, just so he can hope to continue creating victims with his ruined reputation. That's the sad thing, on the other end of selfish, evil deeds are always victims, and that is ultimately sad. There's no such thing as a victimless crime!
@Blueoceans101
@Blueoceans101 6 ай бұрын
@@stephenwise3635 thank you 🙏❤️ I appreciate all of you! X
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